DGAP-News: Godewind Immobilien AG

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, INTO OR WITHIN THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT.
Godewind Immobilien AG raises gross proceeds of EUR375mn in IPO

Frankfurt, March 28, 2018. Godewind Immobilien AG (the "Company" or "Godewind") raises gross proceeds of EUR375mn via selling 93,750,000 newly issued shares from a capital increase at an offer price of EUR4.00 per share.

As previously communicated, Godewind intends to use the net proceeds from the offering to acquire commercial real estate portfolios in Germany in the near term. In addition to the IPO proceeds, the Company may use additional or existing debt financing as well as issue further shares as consideration for such potential acquisitions in the future.

Stavros Efremidis, CEO of Godewind: "This IPO marks a milestone towards growing Godewind Immobilien AG into one of the leading listed real estate companies. We will use the net proceeds from the IPO for the acquisition of commercial real estate properties in Germany. We have already identified a number of promising off-market acquisition opportunities with a total estimated value of EUR3.7bn."

Godewind's shares are scheduled to begin trading on Thursday, April 5, 2018 on the Regulated Market (Prime Standard) of the Frankfurt Stock Exchange under the trading symbol GWD. The International Securities Identification Number (ISIN) is DE000A2G8XX3, and the German Securities Code (WKN) is A2G8XX.

Citi and JP Morgan acted as Joint Global Coordinators and together with Berenberg and Société Générale Corporate & Investment Banking as Joint Bookrunners.

 
About Godewind Immobilien AG
Godewind Immobilien AG (GWI) is a German commercial real estate business venture. The company's acquisition focus lies on attractive office assets as well as logistic and retail properties. Godewind pursues an active portfolio- and asset-management approach aimed at generating sustainable returns and growing cash flows in addition to regularly realizing capital gains. The Company harnesses an extensive property acquisition network and targets a portfolio size of EUR3bn in the medium term.
 
For more information, please visit http://www.godewind-ag.com

Contact Details

Investor Relations Contact
Gunnar Janssen
Godewind Immobilien AG
Phone +49 69 25 73 75 190
Email g.janssen@godewind-ag.com
 
Press Contact
Jan Hutterer
Kirchhoff Consult AG
Phone +49 40 60 91 86 65
Email godewind-ag@kirchhoff.de
 
Disclaimer:
These materials are for informational purposes only and are not intended to constitute, and should not be construed as, an offer to sell or subscribe for, or the announcement of a forthcoming offer to sell or subscribe for, or a solicitation of any offer to buy or subscribe for, or the announcement of a forthcoming solicitation of any offer to buy or subscribe for, ordinary shares in the share capital of Godewind Immobilien AG (the "Company", and such shares, the "Shares") in the United States or in any other jurisdiction.
The Shares have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") or with any securities regulatory authority of any state or other jurisdiction of the United States, and may not be offered or sold within the United States absent registration or an exemption from the registration requirements under the Securities Act and in accordance with any applicable securities laws of any state or other jurisdiction of the United States. The Company does not intend to register any portion of the offering in the United States or to conduct a public offering of Shares in the United States.
The Company has not authorized any offer to the public of Shares in any Member State of the European Economic Area, except in the Federal Republic of Germany and Luxembourg. With respect to any Member State of the European Economic Area which has implemented the Prospectus Directive other than Germany and Luxembourg (each a "Relevant Member State"), no action has been undertaken or will be undertaken to make an offer to the public of Shares requiring publication of a prospectus in any Relevant Member State. As a result, the Shares may only be offered in Relevant Member States:

1. to any legal entity which is a "qualified investor" as defined in the Prospectus Directive; or
2. in any other circumstances falling within Article 3(2) of the Prospectus Directive.

For the purpose of this paragraph, the expression "offer of securities to the public" means the communication in any form and by any means of sufficient information on the terms of the offer and the Shares to be offered so as to enable the investor to decide to exercise, purchase or subscribe for the Shares, as the same may be varied in that Member State by any measure implementing the Prospectus Directive in that Member State and the expression "Prospectus Directive" means Directive 2003/71/EC (as amended, including by Directive 2010/73/EU), and includes any relevant implementing measure in the Relevant Member State.
Any such investor will also be deemed to have represented and agreed that any Shares acquired by it in the contemplated offering of Shares have not been acquired on behalf of persons other than such investor. This announcement is not an advertisement within the meaning of the Prospectus Directive and does not constitute a prospectus.
In the United Kingdom, this document and any other materials in relation to the Shares is only being distributed to, and is only directed at, and any investment or investment activity to which this document relates is available only to, and will be engaged in only with, "qualified investors" (as defined in section 86(7) of the Financial Services and Markets Act 2000) and who are (i) persons having professional experience in matters relating to investments who fall within the definition of "investment professionals" in Article 19(5) of the Financial Services and Markets Act 2000 ("Financial Promotion") Order 2005 (the "Order"); or (ii) high net worth entities falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as "relevant persons"). This communication is directed only at relevant persons. Persons who are not relevant persons should not take any action on the basis of this document and should not act or rely on it. Any investment activity to which this communication relates will only be available to and will only be engaged with, relevant persons. No action has been taken by the Company that would permit an offer of Shares or the possession or distribution of these materials or any other offering or publicity material relating to such Shares in any jurisdiction, except for Germany and Luxembourg, where action for that purpose is required.
This document may contain forward-looking statements. These statements are based on the current views, expectations and assumptions of the management of the Company and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Actual results, performance or events may differ materially from those described in such statements due to, among other things, changes in the general economic and competitive environment, risks associated with capital markets, competition from other companies, changes in laws and regulations, in particular with respect to tax laws and regulations, affecting the Company and other factors. The Company does not assume any obligations to update any forward-looking statements.
Neither these materials nor any copy of it may be taken or transmitted, directly or indirectly, into the United States, Australia, Canada, Japan or the South Africa. These materials do not constitute or form part of any offer or invitation to sell, or any solicitation of any offer to purchase or subscribe nor shall it (or any part of it) or the fact of its distribution, form the basis of, or be relied on in connection with, any contract therefore. The offer and the distribution of these materials and other information in connection with the listing and offer in certain jurisdictions may be restricted by law.
This publication constitutes neither an offer to sell nor a solicitation to buy securities. The offered shares in the Company have already been sold.